Dynamic Wealth Strategies LLC Grows Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Dynamic Wealth Strategies LLC boosted its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 8.7% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 209,435 shares of the exchange traded fund’s stock after purchasing an additional 16,844 shares during the quarter. Vanguard Mortgage-Backed Securities ETF accounts for about 5.7% of Dynamic Wealth Strategies LLC’s portfolio, making the stock its 5th largest holding. Dynamic Wealth Strategies LLC owned approximately 0.07% of Vanguard Mortgage-Backed Securities ETF worth $9,833,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC grew its position in Vanguard Mortgage-Backed Securities ETF by 4.6% during the fourth quarter. Brighton Jones LLC now owns 7,833 shares of the exchange traded fund’s stock worth $355,000 after buying an additional 347 shares in the last quarter. AQR Capital Management LLC bought a new position in Vanguard Mortgage-Backed Securities ETF during the 1st quarter worth $342,000. Focus Partners Wealth acquired a new position in Vanguard Mortgage-Backed Securities ETF in the 1st quarter valued at $921,000. Baird Financial Group Inc. acquired a new position in Vanguard Mortgage-Backed Securities ETF in the 2nd quarter valued at $210,000. Finally, Brown Advisory Inc. lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 26.0% during the 2nd quarter. Brown Advisory Inc. now owns 6,411 shares of the exchange traded fund’s stock valued at $297,000 after acquiring an additional 1,323 shares during the period.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.3%

NASDAQ:VMBS opened at $46.14 on Thursday. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $45.81 and a fifty-two week high of $47.90. The stock has a fifty day moving average price of $46.59 and a 200-day moving average price of $46.94.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a $0.1645 dividend. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend was Wednesday, July 1st.

Vanguard Mortgage-Backed Securities ETF Company Profile

Vanguard Mortgage Backed Securities ETF (the Fund) seeks to track the performance of a market-weighted, mortgage-backed securities index. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. MBS Float Adjusted Index (the Index). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).